EQ Bank Gives Canadians High-Interest Everyday Banking With No Monthly Fees
SHERIDAN, WYOMING – April 14, 2026 – EQ Bank, a trade name of Equitable Bank, is positioning itself as a compelling alternative to Canada's traditional banks by pairing high-interest everyday accounts with zero everyday banking fees and a broad range of savings and investment products. The bank has now surpassed 600,000 customers and claims interest rates up to seven times higher than those available at Canada's Big Five banks. With no monthly fees, no minimum balance requirements, and accounts eligible for CDIC deposit protection, the fully digital bank targets cost-conscious Canadians who want their money to earn more without paying for the privilege. Accounts can be opened entirely online in a few minutes.